IMF and World Bank show their hand in East Africa budgets
EAC Budget Day (L-R): Finance ministers Njuguna Ndung'u of Kenya, Tanzania's Mwigulu Nchemba, Matia Kasaija of Uganda and Uzziel Ndagijimana of Rwanda display budget briefcase on June 15, 2023 ahead of presenting them in their respective parliaments. PHOTOS | NMG | RWANDA FINANCE
In his budget speech, Prof Njuguna Ndung’u, Kenya’s Treasury Cabinet Secretary, said: “Weare truly grateful, as a nation, to our development partners, who have, over the years, provided financial resources to support implementation of government programmes, policy and structural reforms.”
“In particular, allow me to single out the multilateral institutions, specifically the World Bank, the International Monetary Fund (IMF), the European Union, the African Development Bank, and the many bilateral donors, institutions and governments that have walked the journey of socioeconomic transformation with Kenya.”
